BlueBay will use Unity NXT AIFMD Transparency Reporting, Unity NXT Form PF Reporting and Unity NXT Form CPO-PQR Reporting to collect its data and file the required reports.

Unity NXT regulatory reporting solutions solve complex data aggregation and reporting challenges, including those associated with AIFMD, Form CPO-PQR and Form PF reporting. These solutions are designed to provide asset managers with completeness, accuracy and control over each respective reporting process, assisting them in the collection of data, answer calculations, approval of the report form contents, and transmission of the filings.

Simon Lumsdon, global head of technology at BlueBay Asset Management, says: “As part of our drive to automate our regulatory reporting solutions, we wanted a platform that would allow us to fulfil not only our current AIFMD, Form CPO-PQR and Form-PF reporting obligations, but also allow us to meet future obligations. We chose Confluence because of their expertise and their known track record in helping the industry adapt to changing regulatory requirements.”

Hugh Byrne, managing director - EMEA business development at Confluence, says: “Increasing fund management regulation is proving to be a technical challenge for the fund industry. Asset managers are looking to lower costs and reduce time spent whilst increasing accuracy and control when reporting on the fund’s data. We are delighted that BlueBay Asset Management has selected the Unity NXT regulatory reporting solutions and will work with them to create more efficient reporting to align with current and upcoming regulatory requirements.”